Pet insurance is a great option to cover vet bills. You may not be eligible for coverage if your pet has a pre-existing condition. Before offering a policy to you, a good insurance company will examine your pet's health.
A pre-existing condition is an illness or injury that occurred before your insurance policy was purchased. After you start coverage, your pet might not show any symptoms. Sometimes, your veterinarian might be able inform you if your animal is pre-approved. However, if you wait until the symptoms develop, your coverage may be rescinded or may have to be limited.
An insurance company that covers pets will review your pet's medical records for a while before making a decision. Many companies will ask you to answer a lot of questions about your pet, including any previous or current ailments. Some may require a complete medical exam by your veterinarian. This can help in determining the best treatment. Although it is a hassle, this can help you save thousands of dollars over the long-term.
A fully medically insured policy will take all the above into consideration. This policy is good for elderly pets or those with chronic conditions. You can also get lifetime coverage. These policies are usually required to be renewed annually and you will need to apply each year.
Some companies will offer pet-centric versions of medical insurance. While this may come at a higher price than a standard plan but it can save you significant money. ManyPets for instance offers a full suite of medical services that includes pre-existing conditions. The company even has an online portal where you can submit claims, track your pet's progress, and get quotes. The portal allows you to pick your own veterinarian. This can be helpful if you don’t like the one you have.
Another option is to sign up for a wellness plan that covers your cat or dog each year. This plan can be much more cost-effective than paying a monthly premium. If your pet needs to go to the vet, you can shave a chunk of cash from your budget, since a wellness plan covers routine checkups and vaccinations.
The best pet insurance companies offer multiple options, so you're sure to find one that works for you. It is a smart idea to learn as much as you can about the policy of a company so that you know what to expect in the future. Although it can be difficult to get pre-existing conditions covered, it is well worth the effort. Take good care of your pet to ensure a happy and healthy pet for years.
The veterinary community is an excellent source of information on all subjects, including pet insurance and pre-existing condition knowledge. Other resources include veterinary charities.